Rax Gupta
What % of cashflow is considered good for a rental property
Hi All, I am considering buying a rental property. After all, deductions, what percent of cashflow is worth going through all hassle.
Sunny Suh
Diary of my first step: Jersey City NJ Multi-Family- No experience, no idea what i'm doing, no regrets
Hello everyone, Complete noob here. I started investing in a set it and forget it type stock/index portfolio and it has done well. Had to do a lot of research.Now I am jumping in real estate, going for that multiple s...
Anthony Standard
Self Directed IRA funding
Hello BP Community,I have in a Self-Directed IRA. I'm ready to pull the trigger on purchasing my 1st multi-family property. My question is, when I buy my property and its cash flowing monthly, how do I reap the financ...
Jon Crosby
Evolve Updates for 2020
I just received word of updates to Evolve's systems and platform for 2020. As many of you know I'm an Evolve customer for several years now and often share my experience with them (both good and bad). I'm curious ab...
Chris Washington
How do you underwrite an apartment complex with a negative NOI?
Need some help from the community. I'm meeting with a broker to walk an off-market apartment complex here in Cincinnati. The property is in a downward spiral, so I think this could be a fantastic deal with great value...
Brenna Wood
First Time Landlord Needs Advice
We are about to endeavor in the landlord world. We just listed our property for rent on Monday and have a lady coming to look at our home tomorrow evening. Is there anything I need to do to prepare for her visit?She t...
Patrick Flanagan
Building new multi family units
Hello, I’m wondering if anyone is building new apartment buildings these days? I understand that if you buy an older one, forcing appreciation is a way to make a lot of money. I want to build my own. I’m curious if th...
Michelle Kasper
Buy defaulted note instead of short sale?
Hi everyone, I have been focusing on flipping short sales for the past couple of years. I recently came across an investor that was buying the note instead of doing the short sale to get around seasoning issues. I j...
Account Closed
Financing an Investment Property WITHOUT Putting 20-25% Down
Hey BP, I'm looking for some advice I'm looking to purchase a property in a cheaper market a few hours away (I live and work in the Orange County, CA area, which tends to be a pricier market). Initially, when learning...
Lu Carter
Potential Tenant has kept out-of-state DL for 4 yrs
I am screening a woman and her fiance (mid 40's) who have lived in TX for 4 years. So far the information about landlord history and income is normal. On their applications I ask for drivers license number and state...